SHACKELFORD 3E
SHACKELFORD 3E is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2025 to August 2026, totalling 283,076 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $76.9M, with roughly $17.1M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 21,154 barrels a month. Its strongest month on the record we hold was October 2025, at 39,832 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about SHACKELFORD 3E
- Who operates SHACKELFORD 3E?
- SHACKELFORD 3E is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SHACKELFORD 3E?
- SHACKELFORD 3E is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63378.
- Is SHACKELFORD 3E still producing?
- SHACKELFORD 3E is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SHACKELFORD 3E is August 2026.
- How much has SHACKELFORD 3E produced?
- SHACKELFORD 3E has reported 283,076 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 1 wellbore.
- How much is SHACKELFORD 3E worth?
- The remaining production from SHACKELFORD 3E is estimated to be worth about $76.9M in total as of 27 August 2026, within a range of $63.1M to $90.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHACKELFORD 3E is a fraction of it. The estimate fits an Arps decline curve to the production SHACKELFORD 3E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHACKELFORD 3E is an estimate of value, not an offer and not an appraisal.
- How much income does SHACKELFORD 3E generate in a year?
- SHACKELFORD 3E is forecast to net about $17.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHACKELFORD 3E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 63378 |
| Wellbores | 1 |
| Reported production | 283,076 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $76.9M |
Where SHACKELFORD 3E sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.